We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Application of Effectual Principles to Promote Agriculture Entrepreneurship: Qualitative Study of Successful Agriculture Based Ventures in Sind, Pakistan.
- Authors
Qureshi, Shahid; Sheikh, Sana-ur-Rehman; Israr, Rao
- Abstract
Entrepreneurship is a key to the economic development of a country as it leads to innovation and job creation in the economy. Pakistan having an agriculture based economy has a huge scope for entrepreneurship. With a rural population of more than 11.5 million and a heavy youth bulge (60% of population less than 30 years of age), thousands of jobs need to be created every year. The rural youth has a great tendency to move to the main cities to pursue careers in low paid and semi-skilled jobs. The Centre for Entrepreneurial Development at IBA Karachi designed and conducted a six month fast track entrepreneurship program as a pilot test to train the rural youth to pursue agriculture based business opportunities in their own villages and towns to spur innovation and growth in agriculture. The entrepreneurship program was based on the effectual principles of entrepreneurship i.e. bird in hand, affordable loss, crazy quilt and lemonade principle. Qualitative analysis using multiple case design (selected from a pool of participants) helps to understand the impact of effectual interventions to promote entrepreneurship and alleviate poverty in the rural youth. The analysis indicate that the effectual interventions can be successfully used to promote new startups in agriculture in the country with the least amount of resources and can lead to viral effect to promote entrepreneurship in Pakistan.
- Subjects
PAKISTAN; ENTREPRENEURSHIP; AGRICULTURE; JOB creation
- Publication
Pakistan Journal of Social Sciences (PJSS), 2016, Vol 36, Issue 2, p621
- ISSN
2074-2061
- Publication type
Article